Saturday, August 20, 2011

Sorry Excuses for a Flailing Presidency

Charles Krauthammer, Wash Post
A troubled nation wonders: How did we get mired in 9.1 percent unemployment, 0.9 percent growth and an economic outlook so bad that the Federal Reserve pledges to keep interest rates at zero through mid-2013 — an admission that it sees little hope on the horizon?Bad luck, explains our president. Out of nowhere came Japan and its supply-chain disruptions, Europe and its debt problems, the Arab Spring and those oil spikes. Kicked off, presumably, by various acts of God (should He not be held accountable too?): earthquake and tsunami. (Tomorrow: pestilence and famine. Maybe frogs.)

Source: http://www.realclearpolitics.com/2011/08/19/sorry_excuses_for_a_flailing_presidency_261876.html

Foxx, Virginia Frank, Barney Franks, Trent Frelinghuysen, Rodney P. Fudge, Marcia L.

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